AFTINET | 14 January 2025
New AFTINET explainer: why ISDS is a threat to climate action
This explainer sheds light on how Clive Palmer is using Investor-State Dispute Settlement (ISDS) provisions in trade agreements to claim up to $420 billion from the Australian government. The explainer details how ISDS functions, why it is controversial, and how it allows corporations to bypass national courts to challenge government decisions, even those made in the public interest like reduction of carbon emissions. The explainer highlights the growing global pushback against ISDS and actions we can take to remove it from trade agreements.